Supression of Wages

Chris Dillow examines Class and Character with some interesting links and personal thoughts. The real Generator for success, though, comes in the form of Confidence creation. Those of privileged Class possibly grow up within a Confidence reinforcement environment, but even relative Adults can endure such Confidence building with notable achievement (check the Before and After aspects of a U.S. Marine Corps Boot platoon). Successful Bosses recognize the best labor force remains a motivated labor force, and this motivation is based upon Confidence creation at both the Group and Individual levels.

Russell Roberts responds in two Posts to the commentary of Dean Baker on which I had posted yesterday. Russell questions the practicality of Dean’s argument, doubting that elimination of such trade restrictions would have much impact on the Wage and Pricing structure in the United States. The case for elimination of these trade restrictions is indeed doubtful of impact, but is there no other redress?

It is my Thought that the licensing of high-Paid Labor stands as a valuable practice, which can easily be turned to advantage for the Consumers. A license to make $200k per year when ordinary high-skilled labor makes only $50k per year, should be worth somewhere in excess of $30k per year. Smart Legislators would produce law which would demand some such amount in Cash, or a Contract agreement with the Licensee to perform a relative number of hours at their trade in Community service treating the Poor, who cannot pay the normal Pricing for such service. The expansion of such Licensee’s clientele, among whom reside Poor who cannot pay for expensive Drugs and medical practices whether needed or not, will impel the Licensees to act as Purchase advocate obtaining the cheapest Drugs and medical services possible. lgl